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SPA Process User’s Guide – Chapter 1 – Introduction to Capital Assets

Facilities and Other Improvements

Facilities Definition

Facilities are assets (other than general use buildings) that are built, installed or established to enhance the quality or facilitate the use of land for a particular purpose.

Other Improvements Definition

Other Improvements are enhancements made to a facility or to land.

Depreciation Methodology

The straight-line depreciation method (historical cost minus residual value divided by useful life) is used for Facilities and Other Improvements.

Capitalization Threshold

The capitalization threshold for facilities and other improvements is $100,000.

Examples of expenditures to capitalize as facilities and other improvements

  • Fencing and gates
  • Landscaping
  • Parking lots, driveways or parking barriers
  • Outside sprinkler systems
  • Recreation areas and athletic fields (including bleachers)
  • Golf courses
  • Paths and trails
  • Septic systems
  • Stadiums
  • Swimming pools, tennis courts or basketball courts
  • Fountains
  • Plazas and pavilions
  • Retaining walls
Glenn Hegar
Texas Comptroller of Public Accounts
Questions? Contact statewide.accounting@cpa.texas.gov
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